Los Angeles Alliance for Economic Inclusion
The Los Angeles Alliance for Economic Inclusion (LA AEI) is an FDIC initiative focused primarily in the City of Los Angeles, California, and is comprised of a broad-base of participating organizations representing financial institutions, community-based nonprofit organizations, and government agencies. The LA AEI fosters economic inclusion among lower income individuals and communities, and to small- and micro-businesses. The LA AEI has approximately 100 participating organizations.
The initiatives of the LA AEI are undertaken through the efforts of three Working Groups: Financial Education & Speakers Bureau, Credit Building, and Small Business. The LA AEI Working Groups’ initiatives include: the Los Angeles Saves campaign which is affiliated with the national America Saves campaign; delivering Credit Builder Workshops designed to teach the importance of credit and its value in financial stability and asset building in conjunction with community-based organizations; delivering Money Smart Workshops as requested including Small Business Workshops; and enhancing access to capital to small businesses and increasing community development lending by delivering workshops aimed at bank lending officers to enhance utilization of technical assistance services and alternative financing solutions available from Community Development Financial Institutions (CDFIs), nonprofit organizations, and government agencies.
Participation in the LA AEI is open to banks, credit unions, community-based nonprofits, CDFIs, and government agencies. Participants engage with the LA AEI by attending the Tri-Annual meetings and through active involvement in the LA AEI Working Groups.
Mary Salinas Durón
Senior Community Affairs Specialist
San Francisco Region
(323)545-9260 x 4246